The Fast Company provides numerous top-10 rankings for the most innovative companies by categories such as, architecture, beauty, robotics, gaming, energy, logistics and others that you can find in their website.
This article introduce 10 Logistic Companies that have applied innovation in their procesess, products or services, to provide solutions during 2020 -a challenging year even for innovators- and at the same time, gives interesting examples of how logistics can be applied in a wide variety of industries in different stages of the value chain. Visit their websites to get more info!
“Reverse logistics” company goTRG specializes in helping retailers to reshelve, reclaim, and repurpose returned inventory. In 2020, the company launched several dedicated TV refurbishment centers at a major US retailer, redirecting hundreds of thousands of units out of landfills and into resale streams.
Its new offering, Source Together, allows buyers seeking the same products to band together on “community sourcing events” to collectively choose, bid on, and award contracts, reducing their rates and providing suppliers with larger orders.
In response to the pandemic, Narvar rapidly rolled out solutions for companies facing store shutdowns, including returning in-store purchases through the mail, pivoting stores to ship merchandise, facilitating buy-online-pickup-curbside options, and expanding paperless returns (using a QR code) to all three major U.S. mail carriers.
With the release of Pivotal, a “multi-agent AI-based orchestration engine,” the company introduced the ability for clients to quickly and effectively coordinate and delegate work for both human and robot workers, reportedly helping clients double throughput.
In 2020 wearable scanner company ProGlove released the Mark Display, a matchbox-sized scanner and screen that, via a glove, mounts on the back of warehouse workers’ hands for simple, lightweight scanning.
Cahoot’s Shipping Label Solution helps members analyze all combinations of fulfillment location, shipping distance, and cost to surface the cheapest way to get product to customers on time. This year it grew to more than 100 peer-to-peer merchants, and and moved more than $300 million in product.
Breakthrough’s Network Intelligence system (launched in 2020) allows shippers to dynamically engage with their contract carriers, adding or removing partners as needed. The company’s dashboard houses thousands of data points about trucking companies, allowing clients to evaluate potential partners based on cost, speed, or quantity, and surfacing AI recommendations based on their priorities.
ShipBob fulfills orders for more than 3,500 DTC merchants. In 2020, the company expanded to international fulfillment centers, added free analytics tools to estimate shipping times and costs, and introduced new integrations with Loop, Shopify, Squarespace, Google and eBay.
In 2020, it introduced three paper-based solutions to its suite of eco-friendly shipping products: AccuFill, an automated system for cushioning packages that ensures just enough paper filler is used to be effective; PadPak Guardian, a machine that quickly and easily pads light and heavy items with paper bundles; and FillPak Trident, a paper alternative to plastic packing pillows.
In 2020, 3rd Stone Design was awarded from the Bill & Melinda Gates Foundation’s Global Grand Challenges for its Stone Cold Systems for vaccine delivery. The battery-powered portable vaccine refrigerators, designed for deployment in low- and middle-income countries, keep medical products cold without the use of electricity, and can be remotely monitored for temperature and location.